New buildings market in Uzhgorod
The primary real estate market in Uzhgorod is developing rapidly, potential investors have access to a wide range of new buildings from developers with various layouts. The tourist infrastructure of the region is constantly being improved and modernized, which increases the investment attractiveness of local real estate. Domestic and foreign investors are looking to buy an apartment in Uzhgorod in a new building in order to invest in resort real estate.
New building real estate in Uzhgorod is represented, for the most part, by low-rise buildings of medium height (5-7 floors). Residential complexes in Uzhgorod are divided into four classes: economy, comfort, business, elite.
Buying a new building in Uzhgorod from a developer also attracts investors for the following reasons:
- the city is compact and small, which ensures comfortable living;
- the average cost per square meter in a new building is approximately 1.5 times cheaper than in the capital of the country;
- high profitability of objects and the possibility of obtaining a stable income due to the large tourist potential of the region.
An apartment in a new building at a bargain price can be purchased in different areas of the city. Local residents tend to live in the center, as there is a more active pace of life and developed entertainment infrastructure. However, an important nuance is that due to the small size of the city, it is not necessary to buy real estate in the center at an increased price. The most attractive option is to buy an apartment in an area located near the central part of the city.
Popular areas for buying an apartment from a developer in Uzhgorod:
- Bozdosh is the best area in terms of ecology and safety, the presence of recreational areas, a park, excellent transport accessibility;
- Shakhta is a comfortable area near the center, favorable ecology, developed transport links and a low crime rate. An excellent option for family living, an extensive network of educational institutions;
- BAM is an area that is currently being actively developed, has its own developed infrastructure (medical institutions, banks, supermarkets and pharmacies);
- Minai is an area in the suburbs, where mainly low-rise buildings and the private sector are located. Infrastructure and transport interchange are at the development stage, but new buildings here are the cheapest in the city, this is an excellent option for investors with their own car;
- Novy is a district with a small number of residential complexes, comfortable living conditions, modern developed infrastructure, excellent transport links.
Location on the map, climate, economy
Uzhgorod is a city located on the border with Slovakia and only 25 kilometers from Hungary. The city at the foot of the Carpathians is the smallest regional center of Ukraine.
The climate is moderately continental, with hot summers and mild winters. The climate of the city is significantly influenced by the protection of the Carpathians from cold winds from the north.
Uzhgorod is an important economic center of the region, has a developed business infrastructure to support entrepreneurship.
The city is also the largest transport hub in the Zakarpattia region. This is one of the most popular cities in the country among tourists with large green areas, proximity to the Carpathians, beautiful landscapes and attractions.
Prices for new buildings in Uzhgorod from the developer
The cost of housing in new buildings in the city depends on the location, class of housing, construction technology, developer, adjacent territory and surrounding infrastructure. Prices vary in the range from 660 to 2,450 US dollars per square meter. The average price per square meter is 1,120 US dollars. Prices for apartments in new buildings in Uzhgorod:
- 1-room - 52,000 US dollars;
- 2-room - 82,700 US dollars;
- 3-room - 140,400 US dollars.
Real estate in Uzhgorod in new buildings
Potential investors can choose residential real estate, which is represented by a variety of modern cottages and townhouses, high-rise and low-rise buildings. Commercial real estate and investment projects (offices, bars, restaurants, retail space, etc.) are also in demand.
Prices per sq. m. in popular districts of Uzhhorod
| District | Price from |
|---|---|
| Bozdosh | 655$ / m2 |
| Malyi Galagov | 1,000$ / m2 |
| Velykyi Galagov | 650$ / m2 |
| Verbnyk | 805$ / m2 |
